Veteran Ford Member
Join Date: Feb 2002
Location: Searching for a new home
Re: Bathurst 24 hour 2004
... and from the CAMS website this announcement:
CAMS ensures future success of Championship activity
CAMS Press Release
30 Jul 2004
The President of the Confederation of Australian Motor Sport, Mr. Colin Osborne, announced today that the Category Management rights for production-based motor racing in Australia had been repatriated from PROCAR to CAMS. PROCAR Pty. Ltd., part of the Palmer Group of Companies, has been responsible as the Category Manager for Nations Cup, V8 Brutes, GT Performance and Australian Production Cars for much of the past decade.
The arrangement will see PROCAR Pty. Ltd. return all Category Management rights to CAMS, and also transfer trademarks and intellectual property for the relevant categories, and also for the Bathurst 24 hour event.
"Whilst it is unfortunate that the previous arrangements have developed to a point where they are not sustainable, this most recent development is a positive outcome and will enable the categories to move forward under a revised structure," said Osborne.
"Repatriation of the Category Management Agreements will enable negotiations to commence with prospective management organisations to sustain future activity for the relevant categories. In addition, the granting of the intellectual property and trademarks to CAMS by PROCAR will enable the heritage of the categories to be maintained, and the contribution of PROCAR to be recognised in the future," he continued.
Osborne paid tribute to the tireless work of PROCAR Chairman and Chief Executive, Ross Palmer, during the past ten years.
"Australian motor sport will forever be indebted to Ross Palmer's commitment and passion. His vision and contribution in developing and maintaining the categories will not be forgotten," Osborne said.
He also paid tribute to the contribution of Peter Boylan during the last several months in his role as interim Category Manager under a licence agreement with PROCAR.
CAMS also announced its intention to seek expressions of interest for future management rights of the categories and the Bathurst 24 hour race. Further details of this process will be released in the near future.
"The objective will be to have a new management structure in place for the categories no later than January 2005. CAMS will undertake an immediate assessment of the potential for conduct of the 2004 Bathurst 24 hour race," Osborne said.
The expression of interest process will be managed on CAMS’ behalf by the Australian Motor Sports Commission. Osborne indicated that at this point, CAMS had a preference in identifying a single organisation which could manage all four categories; however the process would not preclude bids being considered on an individual category basis.
Osborne continued, "The expression of interest process and the re******t agreements will be such that the requirements of all stakeholders are understood, respected and protected, thereby allowing a more stable environment to support activity for the categories in the future."
Osborne was encouraged by the cohesiveness of the individual category competitor groups during the recent period of uncertainty, and clearly outlined CAMS understanding of the competitors need for a more stable environment in which they can compete. He advised that a specific briefing session for the current category representatives would be arranged for the early part of next week to keep them apprised of developments.
The next round of the 2004 PROCAR Champ Series will continue as scheduled at Wakefield Park on 8 August, 2004.
At least we can still go to Wakefield Park.